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    Refurbished Five-Unit Apartment Building Title is generated by Realmo AI

    1518 E Passyunk Avenue, Philadelphia, PA 19147

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    For Sale
    $849,000

    A newly refurbished five-unit building in Philadelphia with updated finishes and on-site laundry convenience.

    Type:Multi-Family
    Property size:
    2,211 SF
    Price / SF:
    $383/SF
    Added:
    Jan 2, 2024
    Days on Market:
    919
    Last Refresh:
    Jul 5 at 2:33 am

    Property Features for 1518 E Passyunk Avenue

    General Information

    Standard status
    Active
    Size
    2,211 SF
    Property subtype
    Multi-Family

    Building Details

    Year Built
    1920

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    Amanda Strain

    Listing office RE/MAX Elite

    Listing date Jan 2, 2024

    Source Thetristaterealestategroup

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Elite

    HighLights

    • Newly refurbished 5‑unit apartment building in Philadelphia (Year built: 1920).
    • Unit mix: two units on the first floor, two units on the second floor, and one unit on the 3rd floor.
    • 3rd‑floor unit includes a finished basement with a utility room and a separate laundry room.
    • Updated finishes noted: white cabinets, durable linoleum floors, and white subway tile bathrooms.
    • Heating and hot water: natural gas (hot water type: natural gas).
    • Lot size is 0.03 acres with a 17.00 x 70.00 lot dimension; foundation is concrete perimeter.
    • Water source: public; parking type: none.

    Overview

    This newly refurbished five-unit apartment building offers updated interiors across all units. The apartments feature white cabinets, durable linoleum flooring, and white subway tile bathrooms. The unit mix includes two units on the first floor, two units on the second floor, and one unit on the third floor.

    A finished basement includes a utility room and a separate laundry room. The property is described as being visible to Passyunk Fountain and Black and Brew Coffee House, with an excellent walking location to restaurants, bars, and coffee houses.

    The building’s five-unit layout and renovated finishes may appeal to buyers seeking a small residential income property with multiple separate units. The combination of basement utilities and dedicated laundry space can support everyday tenant needs, while the unit distribution across three floors and the basement helps create a straightforward, self-contained configuration for residential living.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Nursing Home Nursing Home (Bike/Boat/Book/etc) Store Electrical Service Travel Agency (Bike/Boat/Book/etc) Store Tech Support Center Accounting Firm Coworking & Hybrid Office

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Philadelphia
    County
    Delaware
    State
    Pennsylvania
    Longitude
    -75.1628686
    Latitude
    39.9305926

    FAQs

    What type of property is this?
    Apartment building - A newly refurbished five-unit building in Philadelphia with updated finishes and on-site laundry convenience.
    Where is this apartment building located?
    The property is located at 1518 E Passyunk Avenue Philadelphia, PA.
    What is the asking price?
    The asking price for this property is $849,000.
    What are key features of this property?
    This property features: Newly refurbished 5‑unit apartment building in Philadelphia (Year built: 1920).; Unit mix: two units on the first floor, two units on the second floor, and one unit on the 3rd floor.; 3rd‑floor unit includes a finished basement with a utility room and a separate laundry room.
    More about this property
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